Platinum Futures Bearish Momentum With A 4% Slide In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 4.36% for the last 5 sessions. At 20:52 EST on Sunday, 24 March, Platinum (PL) is $900.20.

Volume

Today’s last reported volume for Platinum is 1081, 99.99% below its average volume of 7997080907.03.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 1.69%, 0.91%, and 1.29%, respectively.

Platinum’s highest amplitude of average volatility was 2.12% (last week), 1.19% (last month), and 1.29% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Platinum’s commodity is considered to be oversold (<=20).

News about

  • Crude oil weekly forecast: after touching highs a slight reversal lower – 24 March 2024. According to DailyForex on Sunday, 24 March, "The lows in Crude Oil last week were seen on Thursday and Friday when a price of 80.200 was challenged on the 21st. ", "The upwards trend in WTI Crude Oil still needs to be given some respect from traders. "

More news about Platinum (PL).

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